Stay at Home Wives/Mothers and Spending Money

Re: Stay at Home Wives/Mothers and Spending Money

Well we were in a situation for some time i.e when my wife was not authorized to work in US but our money dynamics were same then as its now (when she can work and has worked for some years). Its the duty of SO to support wife in such case and make her know that whatever he is earning is ‘OUR’ money and not ‘HIS money’.

My wife also has such thoughts (its HIS money etc) in the beginning. Even before marriage, she never asked for pocket money form her parents (other than education fees etc). She taught kids since she was in grade 8 herself to earn herself pocket money. To be true, initially I did not think about it but couple of discussion made me realize that she should have sense of financial freedom too. Opening a joint account and one on her name, getting her credit/debit cards etc really helped. Another thing that helped is that she took on the role of home accountant. Paying bills and doing any day to day banking was her responsibility.